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Category Archives: Earnings Report
Pernod Ricard 1st Half Sales Up 17% Organically
Pernod Ricard reports first half sales jumped 17% organically (20% reported). Sales in the Americas were up 14%, and Pernod noted sales in the USA, Brazil and Travel Retail were especially strong. Europe posted the best growth for any region, … Continue reading
Posted in Earnings Report
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Diageo Net Sales Jump 15.8% in Half
Diageo plc reports net sales in the fiscal first half rose 16% to GBP 7.96 billion (20% organic) on a 9% increase in volume. Net profit jumped 24% to GBP 1.97 billion. “In the off-trade channel, where consumer demand has … Continue reading
Scheid Vineyards 3Q Net Soars to $14.4 Million from Loss
Scheid Vineyards Inc. reports net of $14.4 million, or $16.08 a share, in the third quarter, sharply reversing a year-earlier of of $3.7 million. Sales rose to $43.4 million. “Cased goods sales increased 26% in the current period, primarily as … Continue reading
Posted in Earnings Report
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Boston Beer Projects Earnings Per Share to Fall Dramatically
Boston Beer Co. said it projects earnings per share for fiscal 2021 will be somewhere between a loss of $1 and a profit of $1. That’s down dramatically from the company’s previous project of $2 to $6. “The estimated lower … Continue reading
Posted in Earnings Report
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CBrand’s Cannabis ‘Investment’ Slam 3Q Bottom Line Despite Bev/Al Strength
Constellation Brands Inc. reports third quarter sales of $2.507 billion, down 5% from the year-earlier $2.644 billion. But a $171.8 million loss at Canopy Brands, in which the company has a significant interest, resulted in net income plunging 62% to … Continue reading
Posted in beer, Earnings Report
Tagged Constellation Brands
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B-F Sales Inch Up 1% in Quarter, Net Profit Slips 2%
Brown-Forman Corp. reports net sales rose 1% to $985 million in the second fiscal quarter, ended Oct. 31, and net profit after tax eased 2% to $236 million, or 49 cents a share. The company highlighted its first half results, … Continue reading
Posted in Earnings Report
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